John M. Reed
John M. Reed (San Francisco) joined KKR in 2008 and is a Partner of KKR. Mr. Reed serves as Head of Global Trading. Prior to joining KKR, Mr. Reed was an associate director at Bear Stearns & Co. in their institutional fixed income depa...+ Read More
In some countries, cars have warnings on their side mirrors: Objects may be closer than they appear. We believe that the high yield bond market may be cheaper on a risk-adjusted basis than it currently appears, too. High yield option-adjusted spreads were at 450 basis points as of April 30, 2023, which is wider than on ...